Loss Per Share

6 Months Ended

Sep. 02, 2023

Loss Per Share

Loss Per Share

3. Loss Per Share

Basic loss per share is computed by dividing loss attributable to common stockholders by the weighted average number of shares of common stock outstanding for the period. Diluted loss per share reflects the potential dilution that

could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the Company, subject to anti-dilution limitations.

	Thirteen Week Period Ended				Twenty-Six Week Period Ended
	September 2,		August 27,		September 2,		August 27,
	2023		2022		2023		2022
Basic and diluted loss per share:
Numerator:
Net loss attributable to common stockholders — basic and diluted	$	(1,009,794)	$	(332,716)	$	(1,316,203)	$	(418,157)
Denominator:
Basic and diluted weighted average shares		55,306		54,548		55,242		54,453
Basic and diluted loss per share	$	(18.26)	$	(6.10)	$	(23.83)	$	(7.68)

Due to their antidilutive effect, 16 and 539 potential shares related to stock options have been excluded from the computation of diluted loss per share for the thirteen and twenty-six week periods ended September 2, 2023 and August 27, 2022, respectively. Also, excluded from the computation of diluted loss per share for the thirteen and twenty-six week periods ended September 2, 2023 and August 27, 2022 are restricted shares of 1,074 and 1,811, respectively, which are included in shares outstanding.